Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Minnwest Bank
Minnwest Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
9
+125.0% vs 2024Originations
$1.2M
Loans x average loanAverage loan
$135,000
Average interest rate
6.94%
Denial rate
18%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 11 | 9 | $1.2M | $135,000 | 6.94% | 18% | 0% |
| 2024 | 5 | 4 | $540,000 | $135,000 | 7% | 0% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 5 | $715,000 | $143,000 | 6.93% | 29% | 0% |
| SD | 4 | $500,000 | $125,000 | 6.97% | 0% | 0% |
Data source: Home Mortgage Disclosure Act (HMDA). Public annual data from the FFIEC and CFPB, loans reported with a manufactured home construction method. Informational only, not a recommendation of any lender.